IN TERMS OF REG. 30 OF THE SEBI(LODR) REG., 2015 WE ARE PLEASED TO INFORM YOU THAT THE COMPANY HAS RECEIVED IN-PRINCIPAL APPROVAL FROM BSE LIMITED REGARDING THE MIGRATION OF THE COMPANY''S ....
RMC · price
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RMC Switchgears Ltd has received in-principle approval from BSE Limited on February 5, 2026, to migrate its equity shares from the BSE SME Platform to the BSE Mainboard. The company had applied for this migration on December 26, 2025, and the application was reviewed and approved by BSE's Internal Regulatory Oversight and Review Group. The approval is valid for 45 days, during which the company must submit final listing documents including a letter of application, information memorandum, listing agreement, and updated shareholding pattern. Once completed, trading on the Mainboard is expected to begin. Post-migration, all provisions of SEBI's LODR Regulations 2015 will become fully applicable to the company.
Mainboard migration typically improves visibility, liquidity, and institutional investor access for a stock. Existing shareholders may benefit from broader participation, though the company will face stricter compliance and disclosure requirements going forward.